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Published 15 Jan, 2025 12:06pm

PSX opens strong, KSE-100 index rises over 900 points

The Pakistan Stock Exchange (PSX) commenced trading on a positive note on Wednesday, with the benchmark KSE-100 index surging by 738.1 points within the first 35 minutes, reaching 115,542.26 by approximately 9:34am, accompanied by a trading volume of 4,681,045 shares.

The upward momentum continued, and by 10:22am, the KSE-100 index had climbed by 969.23 points, hitting 115,773.39, with trading volume increasing to 51,109,982 shares.

While several companies on the KSE-100 index faced declines, notable gainers emerged. Pak-Gulf Leasing Company Limited (PGLC) dropped by 7.59% to Rs22.05, and Punjab Oil Mills Limited (POML) fell by 5.89% to Rs143.

Conversely, AGP Limited (AGP) saw a rise of 7.51% to Rs187.50, while Thal Limited (THALL) increased by 5.83% to Rs435.

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Overall, the KSE-100 index is up 79.64% over the past year and has traded within a range of 59,191.86 to 118,735.10 points in the last 52 weeks.

As of 11:15 AM, the day’s trading range was between 115,074.29 and 115,773.39 points, reflecting a robust start to the trading day.

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